By Anjali Cordeiro DOW JONES NEWSWIRES
NEW YORK (Dow Jones) – To the competitor Pepsi in Russia surpass Coca-Cola wants to buy Russian juice producer Nidan Soki. The U.S. group had in Russia’s antitrust authority to adopt an Share of 75% of the investment company Lion Capital sought said the Coca-Cola Co. The transaction is expected, according to informants expected towards the end of the third or early fourth quarter the stage to go.
Information on the amount of the purchase price makes Coca-Cola not currently. The talks lasted for more, said a Speaker of the drinks group headquartered in Atlanta. The Russian daily newspaper Kommersant had "previously of Coca-Cola’s application to the Russian Antitrust Authority reported.
Coca-Cola rival PepsiCo Inc and its greatest Bottlers had 2008 on the purchase of 76% of Russia’s largest Juice Lebedyansky agreed. The purchase price amounted to around 1.4 billion USD.
The London-based Lion Capital’s participation in Nidan Soki three years ago acquired for 500 million USD. Russia fourth-largest juice producer has a market share of 14%. The end of last Week, Lion Capital with Coca-Cola already has a Letters of intent to sell its stake signed.
Websites: www.cocacola.com www.kommersant.ru www.lioncapital.com -By Anjali Cordeiro, Dow Jones Newswires; +49 (0) 69 29725 104, unternehmen.de @ dowjones.co DJG / DJN / ebb / sha Visit our website http://www.dowjones.de
(END) Dow Jones Newswires
March 18, 2010 10:40 ET (14:40 GMT)
Copyright (c) 2010 Dow Jones & Company, Inc
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